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Venezuela
4 Level
176 Review
-3 Karma

Review on LaunchHouse by Jorge Hernández

Revainrating 3 out of 5

driving innovation and the creation of mentor networks

Technology is currently one of the most growing and innovative sectors in the world; which demands the permanent launch of new products and services that modernize the previous ones. This could be affected when technology developers do not have the resources to power their business.
Launch Accelerator is an organization that promotes support for companies in the process of formation; through a strategic plan that consists of using a set of financial, logistical and academic resources to promote new companies in the market and to raise capital through strategic associations with companies and important investors in the market.
What resources does Launch Accelerator use?
Launch Accelerator plans a set of events at no cost, in addition to book publishing, social media strategies, research development and providing monetary resources of up to $ 1.5 million.
Launch Accelerator is privately funded by angel organizations and encourages the contribution of founders and investors around the world to be part of the growth and formation of new companies.
What is the Launch Accelerator support program focused on?
Launch Accelerator performs a selection process of 7 startups for each cohort. The duration of the program is 15 weeks.
The duration of the program passes with the advice of mentors and founders who impart their knowledge to the companies in training so that they can develop business management strategies and marketing management of their products and services, through the lean method.
In addition to participating in a network of mentors, partners and founders of the global technological and business field; startups have a chance to win $ 50,000.
Launch Accelerator has a history of supporting more than 200 emerging companies and every year 50 startups have the opportunity to participate in its support program.




Pros
  • Promotes innovative projects, through different resources
  • Inject capital into new companies to boost their growth
  • Supports entities in the initial stage with mentoring advice
  • Promote affiliates to important investors
Cons
  • The selection of startups is limited to only 7 in each cohort